Atlanta, Georgia (March 30, 2017) -- Genuine Parts Company and Inenco Group announced today that Inenco will issue new shares to Genuine Parts Company, representing a 35 percent stake in Inenco for approximately $70 million (USD) in cash. The investment will go into place on April 3.

Genuine Parts Company will have the opportunity to acquire the remaining 65% stake in Inenco at a later date.

Parsippany, NJ (March 29, 2017) – For the past twenty-one years, the Canadian Institute for Energy Training (CIET) has specialized in high quality energy management and energy efficiency training and has trained over 7,000 professionals. The Hydraulic Institute (HI) is pleased to announce their partnership with CIET by adding their Pump System Optimization (PSO) course to CIET’s expanding training catalog.

PARSIPPANY, NJ (March 29, 2017) – For the past twenty one years, the Canadian Institute for Energy Training (CIET) has specialized in high quality energy management and energy efficiency training and has trained over 7,000 professionals. The Hydraulic Institute (HI) is pleased to announce their partnership with CIET by adding their Pump System Optimization (PSO) course to CIET’s expanding training catalog.